The New Zealand tax system is largely robust. It taxes most forms of income and consumption at rates that are by and large perceived as fair. The overall tax take sits at about 30% of GDP, a rate that compares well with other OECD nations. Most people pay their taxes, mostly on time. That’s an indicator that there is a high degree of trust in the tax system and in government in general. Deborah Russell: Massey University. More>

Young KiwiSavers withdrew close to half a billion dollars from their savings pots in the past twelve months, just so they can get on the housing ladder. Now, there are concerns they have mortgaged their futures. Stuff.co.nz. More>